Vietnamese coffee startup Every Half raises $3m led by Openspace

Vietnamese coffee startup Every Half raises $3m led by Openspace

Photo: Every Half

Vietnamese coffee startup Every Half Coffee Roasters (Every Half) has secured $3 million in a fresh funding round led by Openspace Ventures, with participation from DSG Consumer Partners, according to an announcement.

In August last year, the coffee startup raised an undisclosed amount from the two funds.

Founded in 2021 by Vo Duy Phu (CEO) and Tran Le Minh Truc (COO), Every Half now operates 14 stores across Ho Chi Minh City. Every Half focuses on specialty coffee, delivered through a clean, modern store design. Each location combines espresso machines with hand-brewing methods, catering to customers who value origin, craftsmanship, and the full coffee experience.

“This new funding will help us open more stores, improve the customer experience, and continue building long-term partnerships with farmers,” Every Half said.

In Vietnam, Every Half aims to grow by 150% this year, expand its store network, and test new formats in key areas across Ho Chi Minh City. The company is also deepening investments in sourcing—especially in Buon Ma Thuot and Lam Dong—and continuing fermentation research to further enhance flavour.

Openspace Ventures manages $800 million, with a portfolio focused on consumer tech, finance, healthcare, and software. Notable investments include Gojek, Kredivo, Love Bonito, and Halodoc. In Vietnam, Openspace has invested in Finhay and Nano Vui App.

DSG Consumer Partners is a consumer-focused investment fund based in Singapore, which has backed over 92 companies across Southeast Asia and India. Its portfolio includes brands such as Coolmate, SaladStop!, and Saturdays.

Edited by: Pramod Mathew

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